Fraudsters ‘impersonated BP and Total’ to obtain finance, Singapore court rules
21-10-20 / by John Basquill
Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from...Fraud
Legal questions emerge as Singapore oil trader denies BCP fraud allegations
26-08-20 / by John Basquill
The Singapore branch of jet fuel trader China Aviation Oil (CAO) is resisting bank claims...
Analysis: Hin Leong’s “vicious cycle” of trade finance fraud
19-08-20 / by John Basquill
As the first signs emerge of enforcement action linked to disgraced Singapore oil trader Hin...
ABN Amro to exit trade and commodity finance after losses
12-08-20 / by John Basquill
ABN Amro is ceasing all trade and commodity finance activities following exposure to fraudulent activity...
GTR News Brief: Episode 10
05-08-20 / by Felix Thompson
In the tenth episode of the GTR News Brief, the latest podcast series from the...
Oil trader Sugih ‘conspired with Hontop’ on oil trade fraud, Natixis claims
31-07-20 / by John Basquill
French bank Natixis has accused Sugih Energy, an Indonesian oil trader with operations in Singapore,...
GTR News Brief: Episode 8
23-07-20 / by Felix Thompson
In the eighth episode of the GTR News Brief, the latest podcast series from the...
Singapore oil trader Hontop faces fraud claims: what went wrong?
22-07-20 / by John Basquill
As Singapore’s Hontop Energy becomes the latest oil trader to be embroiled in a fraud...
Scandal-hit Agritrade urges banks to accept “white knight” investment
22-07-20 / by John Basquill
Agritrade is urging three major banks to accept a new offer from a London-based investment...
Analysis: Little hope for banks caught up in Agritrade collapse
24-03-20 / by Eleanor Wragg
In the latest fraud case to rock the commodity finance world, Singapore-based Agritrade International has...